Business type: B2B

Tehnopol Startup Incubator

Tehnopol Startup Incubator is located in Tallinn, Estonia. Applications are open all through the year, selection process and intake are in batches around the year.

Current focus areas are health tech, space tech, B2B ICT, greentech and smart cities. Startups from other areas are also welcome.

Most of their participating companies are B2B or B2C. They also have a separate program focused on the needs of B2G startups, which they’re happy to tell more about.

Participating teams have to have or establish a company in Estonia (takes 15 minutes) within a month of joining the program.

Deutsche Telekom Capital Partners

Deutsche Telekom Capital Partners (DTCP) invests into B2B SaaS companies with approx. €5M ARR. They’re happy to get to know companies already at €1M ARR.

They do follow-on investments.

South Central Ventures

South Central Ventures invests into software B2B(2C) startups in the Southern CEE region, especially in Balkan. They’re sector-agnostic, but focus on technology.

They have offices in Ljubljana, Belgrad, Zagreb, Skopje.

They’re often the first institutional investor and the lead investor in rounds. They often seek a board seat in companies they invest in.

 

Sunbo Angel Partners

Sunbo Angel Partners represents 17 Korean LPs and 120 SMEs, investing into research-based early stage B2B companies globally.

Nordic Startup School

Nordic Startup School accelerates startups and invests into the best ones.

They do two batches per year. Spring batch application period is in Jan-Feb, and program start is in Feb-March. Autumn batch application Aug-Sep, and program start is around the end of September. Program length is three months, but they support the best ones for 9 + 12 months more for a total of 2 years.

They’re interested in startups from all areas, but generally not from health and education sectors.

Fazer Lab

Fazer is looking for food tech startups who focus on food (the substance), raw materials and food production process technologies.

For example solutions that help in berry or cocoa availability around the year would be interesting.

They’re interested especially in commercial cooperation, and also willing to invest in a few select startups.

Startup introductions can be sent to Jussi Loponen: https://www.linkedin.com/in/zloponen/. Please include an introductory text in the connection request.

Change Ventures

Change Ventures invests into startups in the Baltics, or with Baltic founders on their teams.

Tech Consulting Group

Tech Consulting Group TCG is a small team of Finnish serial entrepreneurs with a strong experience in growth, internationalization and digitalization. Team has deep roots in both tech and business side. They’re the founders behind companies like Eficode and ePassi.

They seek cases where they can actively participate in to help the company grow and internationalize. They seek a board seat.

Coinvest Capital

Generalist co-investment fund from Lithuania. They invest alongside three or more angels or VC funds that are not backed by public money. They consider all business sectors, however the fund wouldn’t invest into weapons or vices (cigarettes, gambling etc.).

They can fund up to 70% of a total investment round. They cap their return at 6% annually during the investment period, with the excess shared among other investors of the syndicate. The investments must benefit Lithuania, e.g. companies need to have or open an office and hire employees in Lithuania.

OP Lab

OP Lab is the startup collaboration unit of OP, a major Finnish bank. They seek startups to purchase innovations from as an early adopter, while also seeking for more mature startups to acquire.

Their focus is on solutions that are linked to fields of banking, insurance & finance in general. Fields such as fintech, insurtech, AI, biometrics, customer experience, and loyalty etc. are of interest to them.

They’re happy to connect with startups that are interested in the Finnish market.